IMPS transfers in April plunge to 2-year low

This platform is used in a big way by migrant labour and small businesses. In the case of Unified Payment Interface(UPI) — an app-based payment platform — there has been a significant drop as well from 132 crore in February to less than 100 crore in April.

from Banking/Finance-Industry-Economic Times https://ift.tt/2LksfHT